Tax Policy Proposals 2015

The House and Senate have different tax cut proposals, generating many questions about what these tax cuts could mean for the future of Texas. Here are some answers to frequently asked questions.
What are the tax cut proposals?
The Senate proposes a

Tax cut fever continues to spread through the Capitol, and we keep asking the same question: is it appropriate or fiscally responsible to place tax cuts at the top of the agenda?
State leadership seems to be prioritizing tax cuts above

This week is a tipping point for the 84th Texas Legislature. Lawmakers will weigh some game-changing bills that would affect our state’s ability to invest in our future. Budget and tax debates don’t always draw the biggest crowds of concerned

On Tuesday, Senators Jane Nelson and Charles Schwertner drew much attention when they announced several major tax cut proposals, including a homestead exemption increase.
As part of our week-long series on tax policies, today we’re looking at proposals to

UPDATE: Senator Robert Nichols (R – Jacksonville) announced a change to the proposal. The new proposal, which requires a constitutional amendment, would dedicate 50 percent of the revenue from the motor vehicle sales tax to highways in the following way: the

UPDATE: Senator Charles Schwertner (R – Georgetown) filed SB 7 , which calls for a reduction in the franchise tax rate, and SB 8, which increases the amount of revenue exempted from the franchise tax.
To ensure that